前欧洲央行官员力挺鲍威尔 称削弱央行独立性或危及全球金融体系

Core Viewpoint - The former ECB President Trichet warns that President Trump's ongoing criticism of the Federal Reserve could have severe consequences for the global financial system, undermining the independence of central banks established over the past 50 years [1] Group 1: Central Bank Independence - Trichet emphasizes that the Trump administration is attempting to alter the rules by weakening central bank independence to influence monetary policy [1] - Multiple global central bank leaders, including the Bank of England and the European Central Bank, have voiced support for Fed Chair Powell, highlighting the importance of central bank independence for financial and price stability [1] - The Finnish central bank governor warns that any loss of credibility for the Fed could lead to structural inflation risks globally, affecting major economies including Europe [1] Group 2: Economic Vulnerability - Trichet points out the heightened vulnerability of the U.S. in fiscal and political terms, noting a long-standing bipartisan consensus on increasing spending, which raises investor concerns about financing high debt levels relative to GDP [1] - He states that the current debt-to-GDP ratios in both public and private sectors exceed those before the Lehman Brothers collapse, indicating a fragile global economic situation [2] - Citigroup's report suggests that the risk to central bank independence from populist governments may spread from the U.S. to other regions, with increasing sensitivity of debt interest costs to policy rate changes [2]